FBATI President Aims To Strengthen SMEs.
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✧ GENERATE BRIEFING
Syed Raza Hussain took charge as FBATI President, prioritizing the ease of doing business, lower energy costs, and the digital modernization for industrial SMEs. Syed Raza Hussain, CEO of Hussain and Co., has assumed office as the new President of the Federal B Area Association of Trade and Industries (FBATI) following the election of industrialist members to the association's executive positions.In his inaugural address, Hussain emphasized a core commitment to solving long-standing operational hurdles for the local business community through the enhanced public-private dialogue. The newly elected leadership team featuring Muhammad Haroon Shamsi as Senior Vice President and Imran Haroon as Vice President has prioritized streamlining the ease of doing business, aggressively reducing the escalating energy overheads, and integrating the modern technological tools, including artificial intelligence, across the industrial operations to boost productivity.
The industrialist members of the Federal B Area Association of Trade and Industries (FBATI) have elected their new office-bearers, with Syed Raza Hussain, CEO of Hussain and Co., officially stepping into the role of President.
Raza, an accomplished industrialist and advisor to multiple business forums, reaffirmed his dedication to resolving the complex operational challenges confronting the local manufacturing and business community through deeper engagement with both public- and private-sector stakeholders.
Strategic Priorities for the New Leadership
Outlining his vision for the tenure, the newly elected president highlighted three primary pillars for industrial growth:
- Ease of Doing Business: Streamlining bureaucratic procedures and regulatory compliance to alleviate friction for small and medium-sized enterprises (SMEs).
- Mitigating Energy Burdens: Advocating for targeted relief on utility tariffs to counter high production costs and sustain factory competitiveness.
- Technological Modernization: Encouraging the active adoption of artificial intelligence, automation, and advanced digital frameworks across industrial processes to boost efficiency.
Complete Executive Lineup
Joining the presidential office are newly elected key executive members:
- Senior Vice President: Muhammad Haroon Shamsi, Partner at Shaheen Industries.
- Vice President: Imran Haroon, Partner at Globe Dyeing.
The newly minted leadership intends to work closely with trade bodies and government stakeholders to foster a more resilient economic environment and promote vibrant business activity across Karachi’s industrial hubs.
